Match List I with List II
LIST I: Major Head LIST II: Sub Head A. Fixed assets I. Short term provisions B. Current Assets II. Money received against share warrants C. Current Liabilities III. Non current investment D. Shareholder's Funds IV. Inventories
Choose the correct answer from the options given below:
Match List I with List II
| LIST I: Major Head | LIST II: Sub Head | ||
|---|---|---|---|
| A. | Fixed assets | I. | Short term provisions |
| B. | Current Assets | II. | Money received against share warrants |
| C. | Current Liabilities | III. | Non current investment |
| D. | Shareholder's Funds | IV. | Inventories |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 2
Non-current investments fall under Fixed Assets (A-III). Inventories come under Current Assets (B-IV). Short term provisions are Current Liabilities (C-I). Money received against share warrants is part of Shareholder's Funds (D-II).
Note: Non-current investments are typically shown under Non-current Assets (not specifically Fixed Assets); the NTA question uses Fixed Assets as the broader category. We have matched according to the closest intended classification.
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